RVC Fund and a Foundation from the U.S. will invest $ 20 million to a produc

Venture Fund Institutional Venture Partners XIII, which includes the Russian Venture Capital II LP Fund with the participation of Russian Venture Company (RVC), will invest $ 20 million into the company Clearspring Technologies Inc., uniting producers of content for social networks, reports RVC.

Venture Fund Institutional Venture Partners XIII (IVP XIII), established in 1980, is one of the largest venture funds in the U.S.. The capital raised amounts to $3 billion.

Fund Russian Venture Capital II LP (UK) joined the venture fund IVP XIII in September 2010. Investments of Russian Venture Capital II LP in IVP XIII amounted to $ 10 million.